Neology Life Development Group Recapitalizes Allapattah Multifamily With $31M Loan From Harbor Group International - Charles Foschini & Christopher Apone Represented The Deal | 1569 Northwest 17th Avenue | Harbor Group International | Christopher (Chris) Apone, Charles Foschini | MultiFamily | Loan

Summary

Loan

FLORIDA

MultiFamily

875 sqft

A recapitalization loan of $31,000,000 was secured by Neology Life Development Group for their multifamily property located at 1569 NW 17th Ave in Allapattah, Miami. The property consists of 192 units and is situated in a prime location within the market.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $31,000,000
Units: 192
Address: 1569 NW 17th Ave, Allapattah, Miami
Market: Allapattah, Miami

The recapitalization loan was provided by Harbor Group International. Representing Neology Life Development Group in the deal were brokers Charles Foschini and Christopher Apone from Berkadia. They played a crucial role in facilitating the transaction and ensuring its successful completion.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Christopher (Chris) Apone

Managing Director

$68.5M Sold

Charles Foschini

Senior Managing Director

$68.5M Sold

Berkadia

Harbor Group International

Details

Deal Summary

FINANCED

IMAGE: Charles Foschini, Lissette Calderon & Christopher Apone DATE: 09/01/2021 ADDRESS: 1569 NW 17th Ave MARKET: Allapattah, Miami ASSET TYPE: Multifamily ~ UNITS: 192 LENDER: Harbor Group International LANDLORD: Neology Life Development Group - Lissette Calderon BROKERS: Charles Foschini & Christopher Apone - Berkadia LOAN AMOUNT: $31,000,000 LOAN TYPE: Recapitalization

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Address1569 Northwest 17th Avenue

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